Analysts Offer Insights on Consumer Cyclical Companies: Ferrari (RACE) and Hovnanian Enterprises (HOV)

TipRanks

May. 21, 2025, 07:40 PM

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Ferrari (RACE – Research Report) and Hovnanian Enterprises (HOV – Research Report).

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Ferrari (RACE)

In a report issued on May 20, Thomas Besson from Kepler Capital maintained a Buy rating on Ferrari, with a price target of EUR470.00. The company’s shares closed last Wednesday at $496.12, close to its 52-week high of $509.13.

Besson has an average return of 13.8% when recommending Ferrari.

According to TipRanks.com, Besson is ranked #8005 out of 9558 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrari with a $513.41 average price target, representing a 2.8% upside. In a report issued on May 6, RBC Capital also maintained a Buy rating on the stock with a EUR490.00 price target.

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Hovnanian Enterprises (HOV)

Wedbush analyst Jay McCanless reiterated a Hold rating on Hovnanian Enterprises yesterday and set a price target of $120.00. The company’s shares closed last Wednesday at $89.32.

According to TipRanks.com, McCanless is a 5-star analyst with an average return of 17.9% and a 64.3% success rate. McCanless covers the NA sector, focusing on stocks such as Century Communities, Cavco Industries, and Taylor Morrison.

Hovnanian Enterprises has an analyst consensus of Hold, with a price target consensus of $120.00.

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